Supreme Court of India
Winston Tan & Anr. v. Union of India & Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
SMUGGLERS AND FOREIGN EXCHANGE MANIPULATORS (FORFEITURE OF PROPERTY) ACT, 1976: c ss.2(2)(b), 2(2)(c), 2(2)(e), 6,7, 10 and 11 - Certain transfers to be null and void - Forfeiture of property illegally acquired by detenu and his wife - Challenged by purchasers claiming as transferees in good faith and for adequate 0 consideration - Held: Any transfer of the property referred to in s. 6(1) is prohibited - In respect of the transfer of the property after issuance of notice u/s. 6, the holder cannot set up a plea that he is a transferee in good faith or a bona fide purchaser for adequate
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